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Rajat Gupta, an iconic figure in US corporate sector who was arrested on charges of passing insider information to his friend Raj Rajaratnam, was released on Thursday (October 27) on bail on a $10-million bond after he pleaded not guilty to offences that could keep him in jail for life. The 62-year-old Indian-American, who has sat on the board of some of the top US companies like Goldman Sachs and Procter and Gamble, was indicted in the massive insider trading scandal that rocked Wall Street. He entered not guilty plea at his arraignment at a US District court in New York. TIMES NOW's Editor-in-Chief Arnab Goswami debates the issue with Mohandas Pai, Former, Dir, HR, Infosys; Suhel Seth, Managing Partner, Counselage; Ravi Batra, Senior Lawyer and Lord Meghnad Desai, Economist.